Wheelbarrows Market size shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
A wheelbarrow is a small open cart that is used in carrying loads in construction and gardening applications. It is made up of one wheel, a tray attached to two handles and two supporting legs. Some wheelbarrows have two or four wheels. Wheelbarrows are either manual or electric. They work by distributing small amounts of energy between the operator and the wheel which enables them to effortlessly move heavy loads that would have been otherwise too heavy to carry.
Two-wheeled wheelbarrows are stable in level ground while one-wheeled wheelbarrows are easy to maneuver in small spaces and on plank passages.
Wheelbarrows are multipurpose tools that are mostly made of metal while others are made of plastic and wood. In the construction sector they are used by construction workers to transport otherwise heavy materials from one station to another. In small scale construction or minor building repairs, the wheelbarrow provides a mixing ground as concrete and water are usually mixed in the tray before use. They are also used in carrying of waste and debris from the construction sites. In gardening, they are used for a variety of functions like removing of plant matter or animal waste, transporting fertilizers, watering crops, carrying animal fodder, watering plants and moving of crops.
Wheelbarrows Market Growth and Trends
• They are easily convenient and navigable vehicles down the narrow terrains. In fact, their eco-friendly design, goods carriage speciality and affordable costs make them suitable for the local population.
• Most of the non-residential markets such as healthcare facilities, industrial units and food manufacturing setups attract many customers.
• Next, an optimization in the construction industry is likely to fuel a massive future demand for wheelbarrows market.
• Furthermore, a growing enhancement in infrastructural installations expects boosting the forthcoming requirement for wheelbarrows in the decades yet to arrive.
• Finally, a speedy hike in the availability of retail shops, medical installations and supermarkets amplifies the market for wheelbarrows in both developed and developing nations.
Challenges to Wheelbarrows Market
Here is an outline of some potent challenges to wheelbarrows market:
• Competitive spirit among multiple industries and manufacturing units. It is mainly because of their low cost and high affordability rates.
• It features as an excessively cheap alternative as compared to other modes of transportation.
Wheelbarrows Market Regional Analysis
The Asia Pacific region controls the biggest share of the wheelbarrow market in the world. More than 50% of the demand and market share for wheelbarrows in this region is divided into India and China. These two countries take the lead due to their immense investment in construction and road infrastructure over the last two decades. It is estimated that the expansion of the wheelbarrow market in the Middle East & Africa region will grow at a higher pace between 2020 and 2030 as the regions continue to modernize their transport, housing, and sporting infrastructure. Among the companies that have made significant contribution to the growth of this market include Bullbarrow Products, Griffon Corporation, Qingdao Huatian Hand Truck, Haemmerlin –CDH Group, the Walsall Wheelbarrow Company, and TUNALI.
Wheelbarrows Market Share and Competition
Key companies operating in this industry are: Bullbarrow Products, Gorilla Carts, Griffon Corporation, Haemmerlin - CDH Group, Qingdao Huatian Hand Truck, Qingdao Runda Wheel Barrow, Qingdao Taifa Group, Qingdao Xinjiang Group, Qingdao Zhenhua Barrow Manufacturing, Silvan Australia Pty Ltd., Stanley, The Walsall Wheelbarrow Company, TUNALI, Wolverine Products, and Worx.
Wheelbarrows Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Product Type Analysis (Revenue, USD Million, 2020 - 2027)
• Manual Wheelbarrows
• Electric Wheelbarrows
Industry Analysis (Revenue, USD Million, 2020 - 2027)
• Residential
• Commercial
• Construction
• Semiconductor & Electronics
• Agriculture
Distribution Channel Analysis (Revenue, USD Million, 2020 - 2027)
• Direct Sales (OEM)
• Indirect Sales (Distributor and Wholesaler)
• Online Retail
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Supermarkets/Hypermarkets
• Mass Merchandizers
• Hospitals
• Commercial Buildings
• Hotels
• Restaurant
• Airports
• Railways
• Municipal
• Park
• Warehouse
• Other
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Wheelbarrows Market Companies
• Bullbarrow Products
• Gorilla Carts
• Griffon Corporation
• Haemmerlin - CDH Group
• Qingdao Huatian Hand Truck
• Qingdao Runda Wheel Barrow
• Qingdao Taifa Group
• Qingdao Xinjiang Group
• Qingdao Zhenhua Barrow Manufacturing
• Silvan Australia Pty Ltd.
• Stanley
• The Walsall Wheelbarrow Company
• TUNALI
• Wolverine Products
• Worx
Available Versions: -
United States Wheelbarrows Market Research Report
Europe Wheelbarrows Market Research Report
Asia Pacific Wheelbarrows Market Research Report
India Wheelbarrows Market Research Report
